1. What do you see as the role of the Internet in building brands? How would you evaluate the Web site for a major brand—for example, Nike, Disney, or Levi’s? How about one of your favorite brands?
1. What do you see as the role of the Internet in building brands? How would you evaluate the Web site for a major brand—for example, Nike, Disney, or Levi’s? How about one of your favorite brands?
1. What do a price ceiling and a price floor have in common? A. They increase the price of a good or service B. They decrease the price of a good or service C. If they are effective, they both decrease the quantity bought and sold of a good or service D. If they are effective, they both are considered by everyone to be better than the equilibrium E. They have nothing to do with the government
1. What could be the underlying causes of demand-pull inflation?
2. In cost-push inflation, cost rises are ‘exogenous’. What does that mean?
3. What is the quantity theory of money?
1. What criticisms do monetarists make about a large PSNCR?
2. What are open market operations?
3. When did special deposits cease to be used?
1. What caused the shrinkage of the public sector in the 1980s?
2. Give three arguments for nationalization.
3. What is marginal cost pricing?
4. What were three reasons for privatization?
5. How do merit goods differ from public goods?
1. What asset and liability accounts might the AAA use to record its transactions?2. List at least two transactions that the AAA might record.
1. What are this dealer’s implied cross bid and ask prices for exchanging Australian dollars and New Zealand dollars? Specify which currency should be the base currency in these quotes?
1. What is the difference between each of the following pairs? (Tabulate the differences)
a) Compilers and assemblers
b) Source code and target code
c) Mnemonics and hexadecimal representation
d) Pseudo instructions and instructions
e) Labels and addresses
f) Symbol table and opcode table
Program counter (PC) and instruction location counter (ILC)
1. What happens to the reservation wage if nonlabor income increases, and why?
2. What economic factors determine whether a person participates in the labor force?
3. How does a typical worker decide how many hours to allocate to the labor market?
4. What happens to hours of work when nonlabor income decreases?
5. What happens to hours of work when the wage rate falls? Decompose the change in hours of work into income and substitution effects.
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